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L&T Money Market Fund Direct IDCW Monthly

Debt
Money Market
Low to Moderate Risk
3.45%
1Y return
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 30 Jul 2021₹12.05
Min. SIP Amount₹1,000
Rating2star
Fund Size₹910.34 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Debt Money Market
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.5%6.6%7.3%8.0%
Category average3.7%6.3%6.5%NA
Rank with in category1681NA
Understand termsinfo

Holdings (22)

NameSectorInstrumentAssets
GOI
SovereignCGL5.8%
Reliance Jio Infocomm Ltd.
CommunicationCP5.5%
Larsen & Toubro Ltd.ConstructionCP5.5%
Axis Bank Ltd.FinancialCD5.5%
Housing Development Finance Corpn. Ltd.-Warrant
FinancialCP5.5%
Export-Import Bank Of India
FinancialCD5.5%
National Bank For Agriculture & Rural Development
FinancialCP5.5%
Reliance Industries Ltd - Partly Paid Equity
EnergyCP5.5%
Reserve Bank of India
FinancialT-Bills5.5%
Bajaj Housing Finance Ltd.
FinancialCP5.4%
See All

Pros and cons

Category: Debt Money Market

Pros

  • Lower expense ratio - 0.24%
  • 3Y Returns are higher than the category average returns
  • 5Y Returns are higher than the category average returns
  • Exit load is zero

Cons

  • 1Y Returns are lower than the category average returns

Expense ratio, exit load and tax

Expense ratio: 0.24%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand termsinfo

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹10,000
Min. for SIP₹1,000

Fund management

Shriram Ramanathan
Mar 2020 - Present
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Jalpan Shah
Apr 2017 - Present
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Vikas Garg
Apr 2017 - Present
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Fund house & investment objective

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Fund house contact details

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